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International Agencies Optimistic About Brazil’s Economic Outlook

By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Despite the uneasiness expected in the political arena due to the upcoming Presidential elections in Brazil in October, international agencies and consultancies are a bit more optimistic this year with the country’s economic growth. Nonetheless, most warn that economic improvement will be gradual and that a market-friendly future president is critical for economic growth sustainability.

“The economic recovery appears to be strengthening, after growth accelerated in the final quarter of 2017. A market-friendly outcome from October’s elections, is, however, critical to supporting the economy’s outlook . . .

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